Investing.com - This week precious metals traders will continue to watch developments in equity markets and monitor geopolitical risks after gold prices notched up a third week of gains.Investors will also be focusing on Friday’s data on U.S. third quarter growth, while monetary policy decisions from the European Central Bank and Bank of Canada will also be closely watched.The GDP data is ex...Read More

Gold has rallied sharply to be trading at well over the psychologically important US$1,200 a mark, although it is still down by 7% for the year to date. Surprisingly for many investors, gold's poor cousin silver has failed to keep pace having lost 15% for the same period. This has caused the gold-to-silver ratio, which measures how much silver is required to buy one ounce of gold, to widen signif...Read More

I have been tremendously bullish on the outlook for intermediate gold miner Kirkland Lake (TSX:KL)(NYSE:KL) for over year. Over the last month, despite gold's latest gyrations, the miner has soared by over 21% to be up by a whopping 70% for the last year compared to the market marking gold down by 7%. While Kirkland Lake has made some substantial gains, there are signs of further upside ahead. No...Read More

The shock of past downward projections belies the true value of established gold miner Guyana Goldfields' Aurora gold mine, says Investor's Digest of Canada junior mining stock columnist Mike Kachanovsky. He calls Guyana a bargain stock and says a rebound in this sector is long overdue.There is a lot of commentary circulating in the precious metals sector about where the final bottom may be found...Read More

It's important to keep in mind that the mining stocks have been sold to levels well-below their intrinsic value - in the case of larger-cap producing miners. Or their "optionality" value - in the case of junior mining companies with projects that have a good chance eventually of converting their deposits into mines. "Optionality" value is based on the idea that junior exploration companies with pr...Read More

Bob Moriarty ArchivesOct 22, 2018The market has been more than willing to reward exploration companies showing high-grade gold results lately. After releasingincredible resultsfrom aRed Lake Districtdrill program, Great Bear Resources shot from $.58 a share on August 20th to an amazing $3.25 today.I wrote up Westhaven Ventures several times in the last six months starting at $.19 a share. Ilast ta...Read More

TORONTO - Canada's main stock index moved lower in late-morning trading as the key energy and materials sectors fell in the wake of lower commodity prices.The S&P/TSX composite index was down 73.53 points at 15,396.57.In New York, the Dow Jones industrial average was down 35.15 points at 25,409.19. The S&P 500 index was up 0.16 of a point at 2,767.94, while the Nasdaq composite was up 60.59 point...Read More

 CloseGain/LossGold $1222.80-$3.60Silver$14.57-$0.06XAU69.04-1.50%HUI153.48-1.35%GDM553.54-0.98%JSE Gold1165.95-28.97USD96.03+0.31Euro114.69-0.41Yen88.80-0.32Oil$69.36+$0.0810-Year3.197%+0.001T-Bond137.75+0.03125Dow25317.41-0.50%Nasdaq7468.63+0.26%S&P2755.88-0.43%  The Metals: Gold saw slight gains in Asia before it drifted down to $1220.50 by midmorning in New York and the...Read More

By Clint SiegnerThe outcome of the November 6th voting will be a big deal for investors, including gold and silver bugs. The metals, perhaps more than most other asset classes, are sensitive to geopolitics.Let's break down what the potential voting outcomes might mean for the factors currently driving the metals.Let's start with the equity markets. Stocks got a boost from President Trump's elect...Read More

TECHNICAL SCOOPCharts and commentary by David ChapmanPhone: 416-523-5454 Email: david@davidchapman.comdchapman@enrichedinvesting.comTwitter: @Davcha12October 22, 2018 Q. Mr. President, the Democrats say that it's your economic policies that caused that downturn on Wall Street yesterday.The President. "Yes, it's funny, Bill [Bill Plante, CBS News], that I couldn't understand, at the beginning, t...Read More

By Frank HolmesStrengths? The best performing metal this week was palladium, up 1.41 percent. Philip Newman, founding director of Metals Focus, said this week that palladium is the new market favorite and could hit an all-time record high next year. This week spot gold held near its highest level since late July as holdings of gold-backed ETFs rose to the most since early Septemb...Read More

Huge recent imbalances in the gold futures market led many to predict that speculators (usually wrong at big turning points) would be forced to close out their historically extreme short bets. Put another way, too many traders were using gold futures contracts to bet that precious metals will go down, and when those bets are reversed out it will make gold and silver go up. Last week this predict...Read More

There were not many changes in gold, silver and mining stocks on Friday, and not much has changed in terms of the weekly closing prices either. Gold and gold stocks closed modestly higher, and silver was up by $0.01 last week (after declining $0.01 in the previous week). Some data sources point to $0.02 movement in both weeks, but the overall implication is the same - nothing really happened sin...Read More

By Gary SavageFor nine years now every time we have an intermediate degree correction the perma bears crawl out of the woodwork and start screaming the sky is falling. If you had listened to these people you would have missed one of the greatest bull markets in history.We had one of the most destructive bear markets in history in 2008/09. It stands to reason it should generate one of the stronge...Read More

By Keith WeinerLet's continue to look at the fiasco in the franc. We say "fiasco", because anyone in Switzerland who is trying to save for retirement has been put on a treadmill, which is now running backwards at - 3/4 mph (yes, miles per hour in keeping with our treadmill analogy). Instead of being propelled forward towards their retirement goals by earning interest that compounds, they are lo...Read More

By Avi GilburtThe general investment public usually applies the same principles when they choose how and when to invest their hard-earned money. (And we wonder why the general public always gets caught holding the bag at the highs and selling at the lows?) And, much of these "principles" are merely phrases which sound reasonable, but when analyzed, one realizes that they are lacking in substance...Read More

Here's the lay of the land. The Senate is currently divided between 51 Republicans and 49 Democrats (including two Independents who caucus with the Democrats). A change of two seats in favor of the Democrats will give Democrats control of the Senate under the leadership of Chuck Schumer of New York.Of the 100 Senate seats, 35 are up for election in 2018. Those 35 Senate seats are currently divided...Read More

My specialty is global macroeconomic analysis. I don't usually get too involved in politics, and frankly I'd prefer to avoid the subject altogether.But at certain times politics intrudes on markets and you have to account for it. With the midterm elections coming up in two weeks, it's certainly a very important time right now.Tuesday, Nov. 6, is the date of the U.S. midterm elections that will det...Read More

Jaime feels that recent market activity is a good signal of what is coming. He says, "There aren't many safe havens left, and one of the few is precious metals."He mentions the Comex chairman commented that gold should be above $5000. The paper market has been suppressing the price of gold through derivatives. People need to understand they are living in a complete facade and when this game is ove...Read More

David Stockman is a former Republican congressman from Michigan and was President Reagan's budget director from 1981 to 1985. After leaving the White House, Stockman became a managing director at Salomon Brothers, and he later founded a private equity fund. David is the founder of David Stockman's Contra Corner, and he is the author of The Great Deformation: The Corruption of Capitalism in America...Read More